Results: LNT, Dr.Reddy, JSPL, VSNL, Divis, Matrix, Educomp, DC, Indian Hotel, Sadbhav, Bharti Shipyard, Jetairways, GVK power, Simplex infra etc

L&T Q3 net profit up 40% YoY

Larsen & Toubro’s net profit for the quarter ended Dec 31, 2007 rose 40.10 per cent to Rs 481.79 crore against Rs 343.90 crore in the same quarter of previous year. Total income increased 52.69 per cent to Rs 6,483.55 crore from Rs 4,224.49 crore in the quarter ended Dec 2006.

Dr Reddy's down 11% as Q3 disappoints
The pharma major reported a net profit of Rs 42.29 crore for the quarter ended Dec 31, 2007, against Rs 503.40 crore in the same quarter of previous year. Total income decreased 32.29 per cent to Rs 820.68 crore from Rs 121.21 crore in the quarter ended Dec 2006. On a consolidated basis, the group posted a net profit of Rs 62.55 crore for the Oct-Dec quarter of 2007, down 91.6 per cent compared with Rs 105.63 crore in the year earlier quarter. Total income decreased 17 per cent to Rs 1,265.98 crore from Rs 1,521.48 crore in the same quarter of 2006. As per US GAAP, the group posted a net loss of Rs 84.66 crore for the quarter ended Dec 31, 2007 against a net profit of Rs 187.94 crore last year. On Friday, the stock had closed higher by 6.73 per cent at Rs 605.40 on Friday, as the earnings came post market hours.


VSNL Q3 net profit slumps 93%; share down 9%
Videsh Sanchar Nigam Ltd has posted a net profit of Rs 9.52 crore for the quarter ended Dec 31, 2007, down more than 93 per cent compared to Rs 142.28 crore in the same quarter of 2006. Total income for the quarter increased to Rs 1113.52 crore from Rs 1112.25 crore in the quarter ended Dec 31, 2006. On Friday, VSNL shares closed up 6.40 per cent at Rs 554.90 on the back of the broad market recovery. Today the share was down 9 per cent at Rs 505 on BSE.

Educomp Solutions Q3 net profit up 131.62%
Educomp Solutions' net profit for the quarter ended Dec 31, 2007 rose 131.62 per cent to Rs 19.02 crore against Rs 8.21 crore in the same quarter of earlier year. Net sales increased 159.39 per cent to Rs 71.52 crore from Rs 27.57 crore in the same quarter of 2006. At 12:11 pm, Educomp shares were down 5.44 per cent at Rs 3,923.95 on BSE.


Deccan Chronicle Q3 net profit up 112%; forms JV with Group M
Deccan Chronicle Holdings has posted a net profit of Rs 102.94 crore for the quarter ended Dec 31, 2007, compared with Rs 48.44 crore in the year-ago quarter. This represents a growth of 112 per cent. Net sales for the Oct-Dec period was higher by over 47 per cent at Rs 216.20 crore compared to Rs 146.39 crore in the same quarter previous year. The company has announced the formation of a joint venture with Group M (a WPP company), to explore the sport and event management space through its subsidiary Sieger Solutions Ltd. The board has taken on record the winning bid of $107 million for Indian Premier League for Hyderabad team. The company has also approved the launch of a financial daily and appointed Shubhrangshu Roy as chief operating officer.

Divi's Laboratories net profit rises 207.55% in the December 2007 quarter
Net profit of Divi's Laboratories rose 207.55% to Rs 100.66 crore in the quarter ended December 2007 as against Rs 32.73 crore during the previous quarter ended December 2006. Sales rose 89.96% to Rs 284.22 crore in the quarter ended December 2007 as against Rs 149.62 crore during the previous quarter ended December 2006.

Jindal Steel & Power net profit rises 68.01% in the December 2007 quarter
Net profit of Jindal Steel & Power rose 68.01% to Rs 319.05 crore in the quarter ended December 2007 as against Rs 189.90 crore during the previous quarter ended December 2006. Sales rose 38.17% to Rs 1395.61 crore in the quarter ended December 2007 as against Rs 1010.06 crore during the previous quarter ended December 2006

Sadbhav Engineering net profit rises 39.17% in the December 2007 quarter
Net profit of Sadbhav Engineering rose 39.17% to Rs 13.68 crore in the quarter ended December 2007 as against Rs 9.83 crore during the previous quarter ended December 2006. Sales rose 52.22% to Rs 230.08 crore in the quarter ended December 2007 as against Rs 151.15 crore during the previous quarter ended December 2006.

Apar Industries net profit rises 14.15% in the December 2007 quarter
Net profit of Apar Industries rose 14.15% to Rs 13.71 crore in the quarter ended December 2007 as against Rs 12.01 crore during the previous quarter ended December 2006. Sales rose 30.88% to Rs 472.90 crore in the quarter ended December 2007 as against Rs 361.31 crore during the previous quarter ended December 2006.

JIK Industries reports net loss of Rs 0.56 crore in the December 2007 quarter
Zenith Birla India net profit rises 14.35% in the December 2007 quarter
Munjal Auto Industries net profit declines 65.69% in the December 2007 quarter
Sai Service Station net profit rises 23.44% in the December 2007 quarter
First Leasing Company of India net profit declines 6.65% in the December 2007 quarter
JK Paper net profit declines 34.89% in the December 2007 quarter
Radaan Mediaworks (I) net profit declines 38.71% in the December 2007 quarter
Sakuma Exports net profit rises 101.00% in the December 2007 quarter


Surana Industries net profit rises 40.87% in the December 2007 quarter
Net profit of Surana Industries rose 40.87% to Rs 6.79 crore in the quarter ended December 2007 as against Rs 4.82 crore during the previous quarter ended December 2006. Sales rose 23.48% to Rs 165.00 crore in the quarter ended December 2007 as against Rs 133.63 crore during the previous quarter ended December 2006


Indian Hotels Co net profit rises 52.95% in the December 2007 quarter
Net profit of Indian Hotels Co rose 52.95% to Rs 134.58 crore in the quarter ended December 2007 as against Rs 87.99 crore during the previous quarter ended December 2006. Sales rose 27.05% to Rs 520.62 crore in the quarter ended December 2007 as against Rs 409.76 crore during the previous quarter ended December 2006

Bharati Shipyard net profit rises 51.39% in the December 2007 quarter
Net profit of Bharati Shipyard rose 51.39% to Rs 26.69 crore in the quarter ended December 2007 as against Rs 17.63 crore during the previous quarter ended December 2006. Sales rose 68.71% to Rs 176.22 crore in the quarter ended December 2007 as against Rs 104.45 crore during the previous quarter ended December 2006.

Sundaram Clayton net profit declines 2.25% in the December 2007 quarter

Aarti Drugs net profit rises 34.98% in the December 2007 quarter
Net profit of Aarti Drugs rose 34.98% to Rs 3.28 crore in the quarter ended December 2007 as against Rs 2.43 crore during the previous quarter ended December 2006. Sales declined 4.45% to Rs 66.59 crore in the quarter ended December 2007 as against Rs 69.69 crore during the previous quarter ended December 2006.

Zylog Systems reports net profit of Rs 23.44 crore in the December 2007 quarter
Zylog Systems reported net profit of Rs 23.44 crore in the quarter ended December 2007. Sales reported at Rs 159.89 crore in the quarter ended December 2007.

HTMT Global Solutions reports net profit of Rs 17.08 crore in the December 2007 quarter
HTMT Global Solutions reported net profit of Rs 17.08 crore in the quarter ended December 2007. Sales reported at Rs 95.37 crore in the quarter ended December 2007

Jet Airways (India) reports net loss of Rs 91.12 crore in the December 2007 quarter

Diamond Power Infrastructure net profit rises 75.03% in the December 2007 quarter
Net profit of Diamond Power Infrastructure rose 75.03% to Rs 13.32 crore in the quarter ended December 2007 as against Rs 7.61 crore during the previous quarter ended December 2006. Sales rose 95.81% to Rs 126.96 crore in the quarter ended December 2007 as against Rs 64.84 crore during the previous quarter ended December 2006.

Shriram City Union Finance net profit rises 82.15% in the December 2007 quarter
Net profit of Shriram City Union Finance rose 82.15% to Rs 25.30 crore in the quarter ended December 2007 as against Rs 13.89 crore during the previous quarter ended December 2006. Sales rose 76.47% to Rs 158.40 crore in the quarter ended December 2007 as against Rs 89.76 crore during the previous quarter ended December 2006.

Kolte Patil Developers reports net profit of Rs 29.21 crore in the December 2007 quarter
Kolte Patil Developers reported net profit of Rs 29.21 crore in the quarter ended December 2007. Sales reported at Rs 84.46 crore in the quarter ended December 2007

Sundaram Finance net profit rises 423.71% in the December 2007 quarter
Net profit of Sundaram Finance rose 423.71% to Rs 118.62 crore in the quarter ended December 2007 as against Rs 22.65 crore during the previous quarter ended December 2006. Sales rose 38.10% to Rs 231.55 crore in the quarter ended December 2007 as against Rs 167.67 crore during the previous quarter ended December 2006

Kalyani Forge net profit declines 3.07% in the December 2007 quarter

Mirza International net profit declines 74.38% in the December 2007 quarter

Himalya International net profit rises 93.63% in the December 2007 quarter
Net profit of Himalya International rose 93.63% to Rs 3.04 crore in the quarter ended December 2007 as against Rs 1.57 crore during the previous quarter ended December 2006. Sales rose 51.50% to Rs 12.65 crore in the quarter ended December 2007 as against Rs 8.35 crore during the previous quarter ended December 2006.

Zensar Technologies net profit rises 29.66% in the December 2007 quarter
Net profit of Zensar Technologies rose 29.66% to Rs 10.36 crore in the quarter ended December 2007 as against Rs 7.99 crore during the previous quarter ended December 2006. Sales rose 30.78% to Rs 87.73 crore in the quarter ended December 2007 as against Rs 67.08 crore during the previous quarter ended December 2006

GVK Power & Infrastructure net profit rises 3286.67% in the December 2007 quarter
Net profit of GVK Power & Infrastructure rose 3286.67% to Rs 35.56 crore in the quarter ended December 2007 as against Rs 1.05 crore during the previous quarter ended December 2006. Sales rose 46.15% to Rs 3.80 crore in the quarter ended December 2007 as against Rs 2.60 crore during the previous quarter ended December 2006.

CitiPort Financial Services net profit rises 300.00% in the December 2007 quarter
Hawkins Cooker net profit rises 90.73% in the December 2007 quarter

eClerx Services reports net profit of Rs 11.72 crore in the December 2007 quarter
eClerx Services reported net profit of Rs 11.72 crore in the quarter ended December 2007. Sales reported at Rs 31.24 crore in the quarter ended December 2007.

Selan Explorations Technology net profit rises 110.22% in the December 2007 quarter

Aarti Industries net profit rises 233.98% in the December 2007 quarter
Net profit of Aarti Industries rose 233.98% to Rs 13.86 crore in the quarter ended December 2007 as against Rs 4.15 crore during the previous quarter ended December 2006. Sales rose 53.14% to Rs 269.72 crore in the quarter ended December 2007 as against Rs 176.13 crore during the previous quarter ended December 2006

Simplex Infrastructures net profit rises 27.41% in the December 2007 quarter
Net profit of Simplex Infrastructures rose 27.41% to Rs 22.03 crore in the quarter ended December 2007 as against Rs 17.29 crore during the previous quarter ended December 2006. Sales rose 65.38% to Rs 703.98 crore in the quarter ended December 2007 as against Rs 425.67 crore during the previous quarter ended December 2006.

Core Projects & Technologies net profit rises 217.75% in the December 2007 quarter
Net profit of Core Projects & Technologies rose 217.75% to Rs 10.74 crore in the quarter ended December 2007 as against Rs 3.38 crore during the previous quarter ended December 2006. Sales rose 190.15% to Rs 51.85 crore in the quarter ended December 2007 as against Rs 17.87 crore during the previous quarter ended December 2006.

Britannia Industries net profit rises 176.83% in the December 2007 quarter
Net profit of Britannia Industries rose 176.83% to Rs 45.40 crore in the quarter ended December 2007 as against Rs 16.40 crore during the previous quarter ended December 2006. Sales rose 15.71% to Rs 656.40 crore in the quarter ended December 2007 as against Rs 567.30 crore during the previous quarter ended December 2006.

Venus Remedies net profit rises 50.53% in the December 2007 quarter
Net profit of Venus Remedies rose 50.53% to Rs 11.32 crore in the quarter ended December 2007 as against Rs 7.52 crore during the previous quarter ended December 2006. Sales rose 52.52% to Rs 57.88 crore in the quarter ended December 2007 as against Rs 37.95 crore during the previous quarter ended December 2006.

Salzer Electronics net profit rises 43.75% in the December 2007 quarter

Manali Petrochemical net profit declines 80.48% in the December 2007 quarter

HCL Infosystems net profit rises 139.33% in the December 2007 quarter
Net profit of HCL Infosystems rose 139.33% to Rs 83.19 crore in the quarter ended December 2007 as against Rs 34.76 crore during the previous quarter ended December 2006. Sales rose 434.80% to Rs 3260.36 crore in the quarter ended December 2007 as against Rs 609.64 crore during the previous quarter ended December 2006.

Rama Newsprint & Paper net profit declines 95.31% in the December 2007 quarter
Dhampur Sugar Mills net profit declines 13.64% in the December 2007 quarter

FDC net profit rises 59.74% in the December 2007 quarter
Net profit of FDC rose 59.74% to Rs 21.15 crore in the quarter ended December 2007 as against Rs 13.24 crore during the previous quarter ended December 2006. Sales rose 20.75% to Rs 121.50 crore in the quarter ended December 2007 as against Rs 100.62 crore during the previous quarter ended December 2006.

Ingersoll-Rand (India) net profit rises 474.31% in the December 2007 quarter
Net profit of Ingersoll-Rand (India) rose 474.31% to Rs 83.16 crore in the quarter ended December 2007 as against Rs 14.48 crore during the previous quarter ended December 2006. Sales declined 20.76% to Rs 134.57 crore in the quarter ended December 2007 as against Rs 169.82 crore during the previous quarter ended December 2006

Max India net profit rises 444.16% in the December 2007 quarter
Net profit of Max India rose 444.16% to Rs 20.95 crore in the quarter ended December 2007 as against Rs 3.85 crore during the previous quarter ended December 2006. Sales rose 69.86% to Rs 77.49 crore in the quarter ended December 2007 as against Rs 45.62 crore during the previous quarter ended December 2006.

JSW Steel net profit declines 9.38% in the December 2007 quarter
Net profit of JSW Steel declined 9.38% to Rs 328.18 crore in the quarter ended December 2007 as against Rs 362.15 crore during the previous quarter ended December 2006. Sales rose 11.37% to Rs 2563.08 crore in the quarter ended December 2007 as against Rs 2301.50 crore during the previous quarter ended December 2006

Hindustan Motors reports net profit of Rs 28.76 crore in the December 2007 quarter
Hindustan Motors reported net profit of Rs 28.76 crore in the quarter ended December 2007 as against net loss of Rs 13.85 crore during the previous quarter ended December 2006. Sales declined 11.97% to Rs 147.34 crore in the quarter ended December 2007 as against Rs 167.37 crore during the previous quarter ended December 2006.

Hindustan Petroleum Corporation reports net loss of Rs 15.73 crore in the December 2007 quarter

Suven Life Sciences net profit declines 47.52% in the December 2007 quarter
Net profit of Suven Life Sciences declined 47.52% to Rs 2.01 crore in the quarter ended December 2007 as against Rs 3.83 crore during the previous quarter ended December 2006. Sales declined 9.03% to Rs 28.40 crore in the quarter ended December 2007 as against Rs 31.22 crore during the previous quarter ended December 2006.

DCW net profit rises 117.82% in the December 2007 quarter
Net profit of DCW rose 117.82% to Rs 13.81 crore in the quarter ended December 2007 as against Rs 6.34 crore during the previous quarter ended December 2006. Sales rose 71.80% to Rs 208.91 crore in the quarter ended December 2007 as against Rs 121.60 crore during the previous quarter ended December 2006.

Sunflag Iron & Steel Company net profit declines 18.61% in the December 2007 quarter
Net profit of Sunflag Iron & Steel Company declined 18.61% to Rs 8.66 crore in the quarter ended December 2007 as against Rs 10.64 crore during the previous quarter ended December 2006. Sales rose 27.90% to Rs 260.51 crore in the quarter ended December 2007 as against Rs 203.68 crore during the previous quarter ended December 2006.

Helios & Matheson Information Technology net profit rises 0.26% in the December 2007 quarter
Unity Infraprojects net profit rises 30.68% in the December 2007 quarter
Net profit of Unity Infraprojects rose 30.68% to Rs 17.76 crore in the quarter ended December 2007 as against Rs 13.59 crore during the previous quarter ended December 2006. Sales rose 48.48% to Rs 231.63 crore in the quarter ended December 2007 as against Rs 156.00 crore during the previous quarter ended December 2006

Techno Electric & Engineering Company net profit rises 56.87% in the December 2007 quarter
Net profit of Techno Electric & Engineering Company rose 56.87% to Rs 12.11 crore in the quarter ended December 2007 as against Rs 7.72 crore during the previous quarter ended December 2006. Sales rose 34.32% to Rs 115.11 crore in the quarter ended December 2007 as against Rs 85.70 crore during the previous quarter ended December 2006.

Motherson Sumi Systems net profit rises 2.46% in the December 2007 quarter

Andhra Cements net profit rises 468.22% in the December 2007 quarter
Net profit of Andhra Cements rose 468.22% to Rs 18.24 crore in the quarter ended December 2007 as against Rs 3.21 crore during the previous quarter ended December 2006. Sales rose 73.46% to Rs 89.75 crore in the quarter ended December 2007 as against Rs 51.74 crore during the previous quarter ended December 2006

Man Industries (India) net profit rises 25.87% in the December 2007 quarter
Net profit of Man Industries (India) rose 25.87% to Rs 20.73 crore in the quarter ended December 2007 as against Rs 16.47 crore during the previous quarter ended December 2006. Sales rose 22.66% to Rs 401.23 crore in the quarter ended December 2007 as against Rs 327.11 crore during the previous quarter ended December 2006

Tata Tea net profit declines 37.49% in the December 2007 quarter

Arvind Mills net profit declines 94.59% in the December 2007 quarter

Videocon Industries net profit rises 21.02% in the December 2007 quarter
Net profit of Videocon Industries rose 21.02% to Rs 249.49 crore in the quarter ended December 2007 as against Rs 206.16 crore during the previous quarter ended December 2006. Sales rose 14.74% to Rs 2362.16 crore in the quarter ended December 2007 as against Rs 2058.67 crore during the previous quarter ended December 2006

Facor Alloys net profit rises 325.00% in the December 2007 quarter
Net profit of Facor Alloys rose 325.00% to Rs 15.64 crore in the quarter ended December 2007 as against Rs 3.68 crore during the previous quarter ended December 2006. Sales rose 64.35% to Rs 59.43 crore in the quarter ended December 2007 as against Rs 36.16 crore during the previous quarter ended December 2006.

Sundram Fasteners net profit declines 13.85% in the December 2007 quarter

SKM Egg Products Export India net profit declines 46.15% in the December 2007 quarter

Mudra Lifestyle net profit rises 73.08% in the December 2007 quarter
Net profit of Mudra Lifestyle rose 73.08% to Rs 8.36 crore in the quarter ended December 2007 as against Rs 4.83 crore during the previous quarter ended December 2006. Sales rose 57.59% to Rs 68.85 crore in the quarter ended December 2007 as against Rs 43.69 crore during the previous quarter ended December 2006.

Cholamandalam DBS Finance net profit rises 180.08% in the December 2007 quarter
Net profit of Cholamandalam DBS Finance rose 180.08% to Rs 20.25 crore in the quarter ended December 2007 as against Rs 7.23 crore during the previous quarter ended December 2006. Sales rose 124.69% to Rs 242.55 crore in the quarter ended December 2007 as against Rs 107.95 crore during the previous quarter ended December 2006

Marg net profit rises 16.84% in the December 2007 quarter
Net profit of Marg rose 16.84% to Rs 13.32 crore in the quarter ended December 2007 as against Rs 11.40 crore during the previous quarter ended December 2006. Sales rose 99.83% to Rs 60.05 crore in the quarter ended December 2007 as against Rs 30.05 crore during the previous quarter ended December 2006.

Videsh Sanchar Nigam net profit declines 93.30% in the December 2007 quarterMangalam Cement net profit rises 26.04% in the December 2007 quarter

Matrix Laboratories net profit rises 415.77% in the December 2007 quarter
Net profit of Matrix Laboratories rose 415.77% to Rs 34.35 crore in the quarter ended December 2007 as against Rs 6.66 crore during the previous quarter ended December 2006. Sales rose 50.21% to Rs 275.72 crore in the quarter ended December 2007 as against Rs 183.56 crore during the previous quarter ended December 2006.



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